The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
New offshoring locations
China
200 jobs Number of planned job losses
Announcement Date
30 June 2009
Employment effect (start)
Foreseen end date
Description
Air Products, a US-owned supplier of gas for industrial purposes, has announced plans to close its plant in Wales, resulting in the loss of 200 jobs. The company is moving gas production operations to China and the restructuring was blamed on increasing costs and the shifting of demand to Asia.
Sources
30 June 2009: BBC News
Citation
Eurofound (2009), Air Products, Offshoring/Delocalisation in United Kingdom, factsheet number 69208, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69208.